The future of the electric vehicle (EV) market is difficult to predict with certainty, but many experts believe that it has the potential to grow significantly in the coming years. The demand for EVs is expected to increase as more people become aware of their benefits, including lower operating costs and reduced emissions. In addition, governments around the world are implementing policies to support the adoption of EVs, such as tax incentives and regulations that favor EVs over internal combustion engine vehicles. As the technology continues to improve and the charging infrastructure expands, it is likely that the EV market will continue to grow.
🚘🔋Total extra-EU exports of hybrid and electric cars in 2021 was €42 billion, which was almost an 800% increase compared with 2017 (€4.7 billion). The total import value increased by more than 400% from €5.6 billion in 2017 to €29 billion in 2021.
👉https://t.co/yqLuarHOgT pic.twitter.com/Ir05cHYHdc— EU_Eurostat (@EU_Eurostat) December 2, 2022
🚘🔋Non-plug-in hybrid cars accounted for the majority of 2021 extra-EU trade in hybrid & electric cars
Imports: €11.8 billion, 41%
Exports: €22.9 billion, 55%🚗Followed by full electric cars
Imports: €11.4 billion, 39%
Exports: €12.3 billion, 29%— EU_Eurostat (@EU_Eurostat) December 2, 2022
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